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President Bloomberg? Speculation flies of possible candidacy

2nd Amend.

President Bloomberg? Speculation flies of possible candidacy

The first presidential primary is the Iowa caucus, set for Jan. 18, 2016.

There is speculation in New York-based media outlets that prominent Democrats are seeking to entice former Mayor Michael Bloomberg into a bid for the White House in 2016.

Bloomberg, 73, who lead the Big Apple for more than a decade and is recognized in Forbes as the 14th richest individual in the country, is being courted by members of the Democratic Party as reported by the New York Post.

The speculation comes after a group formed to draft U.S. Sen. Elizabeth Warren, D-Mass., to seek her party’s nomination disbanded, leaving a resulting dearth of credible alternatives to former Secretary of State Hillary Clinton in the upcoming presidential elections.

“New York Dems friendly to Bloomberg have approached him to gauge his interest,” wrote Michael Goodwin for the Post on Tuesday. “Their argument is that Clinton’s vulnerability with general-election voters, especially independents, could result in a Republican president.”

While there has been no word from the Bloomberg camp, the billionaire with hobbies that include funding gun control groups and political candidates has briefly flirted with running for the nation’s highest office several times. As noted by Vanity Fair after Goodwin’s article broke, rumors of a Bloomberg presidential run popped up in both 2007 and 2011.

Last May Bloomberg himself, who in the past has been first a Republican then a Democrat was candid on CBS’ Face the Nation about his prospects to enter the 2016 race as an independent.

“If I thought I could win, it would be something to consider,” he said. “But you can’t win, and I’ve given 12 years to public service and I’m not going to be a candidate for president.”

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